S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Prologis Stock Leading U.S. Logistics Boom
Abbott Laboratories Outlook is Healthy: Buy the Dip
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Prologis Stock Leading U.S. Logistics Boom
Abbott Laboratories Outlook is Healthy: Buy the Dip
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Prologis Stock Leading U.S. Logistics Boom
Abbott Laboratories Outlook is Healthy: Buy the Dip
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Prologis Stock Leading U.S. Logistics Boom
Abbott Laboratories Outlook is Healthy: Buy the Dip

Tenon Medical (TNON) Competitors

$0.77
-0.02 (-2.53%)
(As of 04/17/2024 ET)

TNON vs. QNRX, GMVDF, NMRD, MOTS, VERO, AEMD, RSLS, INVO, DYNT, and IONM

Should you be buying Tenon Medical stock or one of its competitors? The main competitors of Tenon Medical include Quoin Pharmaceuticals (QNRX), G Medical Innovations (GMVDF), Nemaura Medical (NMRD), Motus GI (MOTS), Venus Concept (VERO), Aethlon Medical (AEMD), ReShape Lifesciences (RSLS), INVO Bioscience (INVO), Dynatronics (DYNT), and Assure (IONM). These companies are all part of the "surgical & medical instruments" industry.

Tenon Medical vs.

Tenon Medical (NASDAQ:TNON) and Quoin Pharmaceuticals (NASDAQ:QNRX) are both small-cap medical companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, valuation, earnings, risk, institutional ownership, community ranking, profitability and media sentiment.

22.7% of Tenon Medical shares are held by institutional investors. Comparatively, 8.6% of Quoin Pharmaceuticals shares are held by institutional investors. 8.4% of Tenon Medical shares are held by insiders. Comparatively, 3.3% of Quoin Pharmaceuticals shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Tenon Medical had 2 more articles in the media than Quoin Pharmaceuticals. MarketBeat recorded 2 mentions for Tenon Medical and 0 mentions for Quoin Pharmaceuticals. Quoin Pharmaceuticals' average media sentiment score of 1.00 beat Tenon Medical's score of 0.00 indicating that Quoin Pharmaceuticals is being referred to more favorably in the news media.

Company Overall Sentiment
Tenon Medical Neutral
Quoin Pharmaceuticals Positive

Tenon Medical has a beta of 2.24, meaning that its share price is 124% more volatile than the S&P 500. Comparatively, Quoin Pharmaceuticals has a beta of 1.81, meaning that its share price is 81% more volatile than the S&P 500.

Quoin Pharmaceuticals received 2 more outperform votes than Tenon Medical when rated by MarketBeat users. However, 100.00% of users gave Tenon Medical an outperform vote while only 55.56% of users gave Quoin Pharmaceuticals an outperform vote.

CompanyUnderperformOutperform
Tenon MedicalOutperform Votes
3
100.00%
Underperform Votes
No Votes
Quoin PharmaceuticalsOutperform Votes
5
55.56%
Underperform Votes
4
44.44%

Quoin Pharmaceuticals has lower revenue, but higher earnings than Tenon Medical. Tenon Medical is trading at a lower price-to-earnings ratio than Quoin Pharmaceuticals, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenon Medical$2.93M1.00-$15.58M-$9.74-0.08
Quoin PharmaceuticalsN/AN/A-$8.69M-$10.24-0.07

Tenon Medical currently has a consensus price target of $3.00, indicating a potential upside of 298.41%. Quoin Pharmaceuticals has a consensus price target of $4.00, indicating a potential upside of 467.46%. Given Quoin Pharmaceuticals' higher probable upside, analysts clearly believe Quoin Pharmaceuticals is more favorable than Tenon Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenon Medical
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Quoin Pharmaceuticals
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Quoin Pharmaceuticals has a net margin of 0.00% compared to Tenon Medical's net margin of -532.14%. Quoin Pharmaceuticals' return on equity of -105.09% beat Tenon Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenon Medical-532.14% -934.11% -200.10%
Quoin Pharmaceuticals N/A -105.09%-55.69%

Summary

Quoin Pharmaceuticals beats Tenon Medical on 8 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TNON vs. The Competition

MetricTenon MedicalSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$2.94M$3.77B$4.77B$7.47B
Dividend YieldN/A2.19%5.47%3.97%
P/E Ratio-0.0811.17178.4114.26
Price / Sales1.0058.852,456.5388.27
Price / CashN/A43.9647.0835.32
Price / Book2.634.304.674.26
Net Income-$15.58M$5.06M$101.18M$211.53M
7 Day Performance-11.63%-2.09%-4.05%-3.71%
1 Month Performance-30.78%-3.70%-3.76%-2.77%
1 Year Performance-59.11%20.06%11.18%5.22%

Tenon Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QNRX
Quoin Pharmaceuticals
2.299 of 5 stars
$0.79
+1.3%
$4.00
+405.1%
-88.2%$2.92MN/A-0.084
GMVDF
G Medical Innovations
0 of 5 stars
$0.02
flat
N/AN/A$3.90M$4.42M0.0084Gap Up
High Trading Volume
NMRD
Nemaura Medical
1.7038 of 5 stars
$0.08
flat
$2.50
+2,945.1%
-91.3%$2.37M$80,000.00-0.2136Gap Up
MOTS
Motus GI
2.1961 of 5 stars
$0.47
+6.9%
$28.88
+6,089.7%
-99.3%$2.35M$320,000.00-0.0215Gap Down
VERO
Venus Concept
0.5685 of 5 stars
$0.69
+3.0%
N/A-71.5%$4.38M$76.35M-0.10384Gap Up
AEMD
Aethlon Medical
1.7925 of 5 stars
$1.66
-1.2%
$10.00
+503.5%
-64.0%$4.40M$574,245.00-0.3315
RSLS
ReShape Lifesciences
0.3696 of 5 stars
$0.17
+6.1%
$8.00
+4,507.0%
-94.0%$2.28M$8.68M0.0040
INVO
INVO Bioscience
0 of 5 stars
$0.85
flat
N/A-91.7%$2.11M$820,000.00-0.0715Short Interest ↑
News Coverage
Trading Halted
DYNT
Dynatronics
2.0938 of 5 stars
$0.40
flat
$3.80
+860.6%
-60.4%$1.93M$40.61M-0.29154Analyst Report
Short Interest ↓
News Coverage
Gap Up
High Trading Volume
IONM
Assure
1.2247 of 5 stars
$0.72
+20.0%
$8.00
+1,012.7%
-78.8%$4.83M$10.98M0.00127Positive News

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This page (NASDAQ:TNON) was last updated on 4/17/2024 by MarketBeat.com Staff

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